YEARLY HIGH
559.6611 MGA
YEARLY LOW
504.6159 MGA
YEARLY AVERAGE
529.0433 MGA

2018 DKK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the DKK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 559.6611. Conversely, the yearly low was recorded on August 11, dropping to 504.6159.

This high-to-low spread represents a total annual volatility of 55.0452 MGA. From a start-to-finish perspective, comparing the January average rate of 531.3293 to the December average rate of 541.1621, the exchange rate registered a net change of 1.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 559.6611 was up 6.46% compared to the 2017 peak of 525.6990, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 DKK based on timing:

Yearly Peak High 2,798,306 MGA
2017 Average 2,370,584 MGA
Yearly Trough Low 2,523,080 MGA
Transaction Impact: A difference of 275,225.81 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

551.6956
508.2602
JanuMarcMayJulySeptNove

DKK to MGA Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 525.3862, compared to 532.7005 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.3143 points.

H1 Avg (Jan–Jun) 525.3862
H2 Avg (Jul–Dec) 532.7005

Volatility Range Comparison

Volatility

The most volatile month in 2018 was February, with a trading range of 29.0403 MGA (High: 540.6552 / Low: 511.6149). On the other end, May was the most stable month, with a tight range of 13.3668 MGA (High: 522.6937 / Low: 509.3269).

February Spread (Volatile) ±29.0403
May Spread (Stable) ±13.3668

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 12.8299 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -12.8299

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 541.1621) against the same month in 2017 (average: 513.2968), the exchange rate shifted by +27.8652 (+5.43%).

2018 Avg (December) 541.1621
2017 Avg (December) 513.2968

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 537.9652 520.3876 531.3293
February 540.6552 511.6149 525.4979
March 535.7185 508.4268 521.6488
April 536.3397 521.3154 529.8884
May 522.6937 509.3269 517.0585
June 538.4927 518.8782 526.8942
July 532.4046 513.3390 524.5405
August 522.4541 504.6159 511.8798
September 539.2366 519.0987 531.3912
October 549.7437 530.2536 539.1533
November 559.0522 538.0776 548.0760
December 559.6611 533.3456 541.1621